Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Worldwide Facilities Acquires Risk Management Advisory Group of Florida
Dec 6 2019 // Worldwide Facilities, LLC, a national wholesale insurance brokerage, managing general agency and program manager, has acquired Risk Management Advisory Group (RMAG), a managing wholesale broker based in Miami Lakes, Fla.,...
Hub Acquires Assets of California-Based Blair Jarcik Insurance Agency
Dec 5 2019 // Hub International Ltd. has acquired the assets of Novato, Calif.-based Blair Jarcik Insurance Agency Inc. Blair Jarcik, president of Blair Jarcik Insurance Agency, will join Hub California and report to Bryan Costello, San...
Cybersecurity Provider Coronet, Coalition Partner on Small Business Cyber Product
Dec 5 2019 // Small business cybersecurity provider Coronet has partnered with Coalition, a cyber insurance provider for small and midsized businesses, to offer cyber insurance to Coronet customers. The partnership combines...
MetLife to Enter Pet Insurance Market with Acquisition of PetFirst Program
Dec 5 2019 // MetLife has agreed to acquire PetFirst Healthcare, a pet insurance program administrator that currently distributes its pet insurance products through animal welfare agencies, direct-to-consumer channels and...
Trov, U.K.’s Lloyds Banking Group Partner on Digital Renters Insurance App
Dec 5 2019 // Trov has rolled out its digital renters insurance application, an end-to-end product brought to market by a unit of Lloyds Banking Group in the U.K. Trov, an insurance technology company, said the product enables renters...
Arthur J. Gallagher & Co. Acquires Australia’s Blueleaf Consulting
Dec 5 2019 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of North Sydney, New South Wales, Australia-based Blueleaf Consulting Pty Ltd. Terms of the transaction were not...
Legacy Specialist Catalina Holdings to Acquire Asia Capital Reinsurance Group
Dec 5 2019 // Catalina Holdings (Bermuda) Ltd., the legacy re/insurance specialist, has reached an in principle agreement to acquire Asia Capital Reinsurance Group Pte. Ltd. (ACR), a Singapore-based reinsurance business. The acquisition...
Hub International Acquires Nebraska Brokerage, SilverStone Group
Dec 5 2019 // Global insurance brokerage Hub International Limited (Hub) has acquired Nebraska-based insurance brokerage SilverStone Group (SilverStone). Terms of the transaction were not disclosed. With SilverStone, the company creates...
EPIC Completes Acquisition of Atlanta-Based Prime Risk Partners
Dec 5 2019 // EPIC Insurance Brokers & Consultants and Prime Risk Partners Inc. have officially joined forces. The transaction previously announced on October 15 has closed. Prime Risk Partners will bring insurance professionals...
Insurtech M&A: Applied Systems to Acquire Indio to Digitize Commercial Lines Sales
Dec 4 2019 // Leading insurance technology firm Applied Systems has agreed to acquire digital insurance technology startup Indio Technologies. The move will enable Applied Systems to offer Indio’s digitized commercial insurance...
Verisk Signs Agreement to Acquire New Jersey’s FAST
Dec 4 2019 // Verisk, a Jersey City, N.J.-headquartered data analytics provider, has signed a definitive agreement to acquire FAST, a privately held software company for the life insurance and annuity industry based in Iselin, N.J. FAST...
World Insurance Associates Acquires Texas’ McMillan Insurance Group
Dec 4 2019 // World Insurance Associates LLC (WIA) has acquired McMillan Insurance Group of Fort Worth, Texas. Terms of the transaction were not disclosed. Founded in 2011, McMillan Insurance Group provides customized commercial...
FedNat Completes Acquisition of 1347 Property Insurance Homeowners Operations
Dec 4 2019 // FedNat Holding Company (FNHC), an insurance holding company, has completed its acquisition of the homeowners insurance operations of 1347 Property Insurance Holdings, Inc. (PIH), consisting of Maison Insurance Co., Maison...
Alliant Acquires Buck & Affiliates in Washington
Dec 3 2019 // Alliant Insurance Services Inc. has acquired Spokane, Wash-based Buck & Affiliates. Gary Buck, president and CEO, along with the entire Buck & Affiliates team, will join Alliant and continue serving clients from...
A.J. Gallagher Acquires Pacific Northwest Marine Business of Brown & Brown
Dec 3 2019 // Arthur J. Gallagher & Co. has completed a transaction for the Pacific Northwest marine business team of Brown & Brown of Washington Inc. and to assume the associated marine book of business. Terms of the deal were...
Hub International Acquires HMBD Insurance Services in California
Dec 3 2019 // Hub International has acquired Long Beach, Calif.-based Hamman-Miller-Beauchamp-Deeble Inc. d/b/a HMBD Insurance Services. HMBD leadership Dan Roddy, President, and Vice Presidents Todd Miller, Travis England, Jay Semaan...
Generali’s Talks to Buy MetLife’s Europe Assets Stall over Price Differences: Sources
Dec 3 2019 // Italian insurer Assicurazioni Generali has held talks with U.S. rival MetLife Inc to buy the bulk of its European assets but discussions have stalled due to differences over price, four sources told Reuters. Generali,...
ISMIE Mutual Completes Merger with Southeast Michigan Physicians’ Insurance
Dec 3 2019 // The ISMIE Mutual Insurance Co. has completed a merger with the Southeast Michigan Physicians’ Insurance Co. (SEMPIC) after receiving all required regulatory approvals, the company announced. SEMPIC has been providing...
Arch Capital Group Finalizes Acquisition of Barbican Group Holdings
Dec 2 2019 // Arch Capital Group Ltd. announced the completion of its previously disclosed acquisition of Barbican Group Holdings Ltd. (Barbican), including Barbican Managing Agency Ltd., Lloyd’s Syndicate 1955, Castel...
Zurich CEO Says Big Transnational M&As Won’t Solve Industry Fragmentation: Report
Dec 2 2019 // The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head of Europe’s fifth-biggest insurer Zurich said in a newspaper interview on Thursday [Nov...
